The Malaysia manufacturing industry accounts for around 23% of the country's gross domestic product (GDP) or over US$296 billion in 2015. Manufacturing also contributes to 84% of the overall Malaysia exports. According to the Malaysia External Trade Development Corporation (MATRADE) and Department of Statistics Malaysia (DOSM), the sector grew 4.7% year over year (YoY) in 2016. In terms of productivity and contribution toward the economy, the electrical and electronics (E&E) sector is Malaysia's strongest and most competitive subsector. It has accounted for more than 36% (MYR287.7 billion) of the total exports of Malaysia in 2016. Despite the value-add that the E&E sector provides to the GDP, there are still notable infrastructural gaps that are hindering the further growth of this sector. The government of Malaysia has been closely following this sector and has introduced several initiatives aimed at reskilling the workforce, reducing infrastructural deficiencies, and providing necessary motivations to the E&E sector to encourage high-end component manufacturing.
This presentation talks in detail about such initiatives along with the existing challenges, opportunities, and recommendations for the OEMs. "Moving away from the traditional manufacturing model that hinges heavily on competitive labor is a challenge that the OEMs in the Association of Southeast Asian Nations (ASEAN) region is looking to address. The Malaysia E&E sector is also in a similar state of flux and has been looking to adopt solutions based on internet of things (IoT), mobility, analytics, robotics, and so forth as means to address the existing productivity and efficiency gaps," says Sampath Kumar Venkataswamy, research manager, IDC Manufacturing Insights, Asia/Pacific.
Texas Instruments Incorporated, IBM, Amazon.com Inc., Intel Corporation, Tata Consultancy Services Limited, Cisco Systems, Inc., Dell Inc., Dell EMC, Hortonworks, Inc., Cloudera, Inc., Microsoft Corporation, Kontron AG